Zcash (ZEC) Price Prediction Points to $1,500 – But Is the Path Risk-Free?
Zcash worth is extending its explosive rally, climbing 14% in the present day and pushing month-to-month good points previous 200%. The privateness token (ZEC) has surged greater than 1,130% in the previous three months, certainly one of the sharpest recoveries in the market.
While indicators nonetheless flash bullish momentum, leverage-heavy buying and selling might make the highway to greater targets — together with $1,567 — removed from risk-free.
Hidden Bullish Divergence Keeps Zcash Rally Intact?
Between October 3 and October 30, ZEC’s worth fashioned a better low, whereas the Relative Strength Index (RSI) — a device that tracks shopping for and promoting energy — created a decrease low.
This is named a hidden bullish divergence, which regularly alerts that an ongoing uptrend is probably going to proceed.
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Zcash’s RSI stays above 70, displaying robust purchaser management regardless of quick phases of profit-taking. The sample suggests merchants are re-entering quite than exiting, protecting the development intact. Yet, a rising RSI quantity might ultimately lead to a pullback-like scenario for Zcash.
Backing this general bullishness, the Chaikin Money Flow (CMF) — which measures huge cash getting into or leaving the market — stays optimistic.
ZEC’s CMF hasn’t dipped under zero for weeks and at present sits round 0.05, displaying regular inflows. If it climbs above 0.14 and pushes towards 0.24, it might set off one other wave of shopping for, doubtlessly driving larger good points in the close to time period.
It is value noting that whereas massive cash flows exited ZEC in the direction of the finish of October, it by no means really dropped beneath zero.
And the metric has already curled up on the first day of November, hinting at rising whale conviction.
Long Leverage Builds Confidence — and Risk
The bullish setup has attracted leveraged merchants to file ranges. According to Bybit’s liquidation map, whole lengthy leverage in ZEC/USDT pairs is about $32.45 million, whereas quick leverage sits at $1.04 million — almost 30 occasions decrease.
The latest 24-hour rally could have already liquidated a number of shorts.
This additionally means most merchants are betting on continued upside, nevertheless it additionally creates a fragile stability. If the Zcash price falls even barely, overleveraged lengthy positions could possibly be liquidated quickly, forcing further promoting stress.
That makes $342 and $312 the most necessary short-term assist ranges, which we’ll see later. A drop under $312 might begin a cascade of liquidations.
ZEC Price Prediction: Can the Rally Breach $1,500?
The Zcash worth continues to commerce inside a flag-and-pole breakout sample, as predicted earlier. It is a construction that usually precedes massive upward extensions.
The breakout above $438 confirmed the continuation of this transfer, and the subsequent Fibonacci targets sit at $594, $847, and $1,256.
The full projection of the flag’s pole factors towards a long-term goal of $1,567 — or roughly a 250% upside from present ranges close to $437.
However, Zcash’s sharp rise additionally means volatility will stay high. The mixture of a bullish construction, robust cash inflows, and extreme leverage makes this run each promising and dangerous.
For now, the uptrend holds — however merchants should watch $312 carefully, as shedding that stage might shortly flip the narrative. Breaching this stage would liquidate all present lengthy positions, as per the liquidation map shared earlier.
However, so long as the ZEC worth stays above $342 (the 0.618 fib stage, each transfer down would appear like a wholesome pullback.
If ZEC loses $245, the rally would weaken. And a break under $185 would trigger the total bullish construction to collapse.
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